Proposed scrappage scheme meets criticism
Green Cars News
MAY 21, 2009
An article in the New York Times criticised the so-called “cash for clunkers legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. These payments vastly outstrip the estimated $500 a car it would cost to increase fuel economy by 10 per cent for all vehicles on the assembly line.
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